WebFortescue Metals Group (FMG) is developing the project with an investment of $1.27bn. Eliwana project is estimated to have an annual production rate of 170 million tons (Mt) through its anticipated mine life of 20 years. It involves the construction of an open-pit mine, a dry ore processing facility with a capacity of 30Mtpa, and a 143km rail line. WebFeb 6, 2024 · First Mining also acquired a 100% interest in the Duparquet Gold Project in September 2024 and are developing plans to advance the project along with its nearby Duquesne and Pitt Projects in Quebec. The Company is the largest shareholder of Treasury Metals who are advancing the Goliath Gold Complex in Ontario.
Fortescue Metals Group - Wikipedia
WebOct 16, 2024 · Andrew Forrest, founder of the Fortescue Metals Group, on an iron ore ship loader at Port Hedland in Western Australia. ... From around 2006 to 2008, the company built a new mine capable of ... WebAug 17, 2024 · The Solomon Hub open-cut iron ore mine is located around 60km north of Tom Price in Western Australia. The mine is fully owned by Australian miner Fortescue Metals Group. Fortescue Metals officially … theory merrimack
Fortescue, WAE partner on new battery electric haul truck
The group has two main areas of operation located within the Pilbara region of Western Australia, the Chichester Hub and Solomon Hub. Plans to develop a third, Western Hub were as of 2024 in developmental stage. In 2024 Fortescue started exploration of possible mining tenements in South America and other parts of Australia. FMG engages professional lobbyists to represent their interests to parliaments in multiple jurisdictions. In South Australia, they are represented by Spri… WebOct 31, 2024 · With first production anticipated in the March 2024 quarter, Iron Bridge will see the world’s fourth largest iron ore miner deliver an enhanced product range and create 900 new jobs. Significantly, it could become one of Fortescue’s first fossil fuel free sites, enabled by the recently announced world leading US$6.2 billion decarbonisation ... Web14 hours ago · A few years ago, Fortescue committed to allocating 10% of its net profit after tax (NPAT) towards FFI. So, as an example, Fortescue generated $2.37 billion of NPAT … shrubs starting with c